ADM Solid quarterlyNYSE:ADM
ADM price recovery play
Record 2nd quarter earnings with improvement on all operating segments
Short term Price action based on daily chart supportive of a speculative play to the long side
0JQQ trade ideas
Technical 50-200-50 maneuver long setupMoxie Long hourly setup. This setup is based on 50-200-50 maneuver (Price crosses the SMA50, rejected by SMA200 and tests the SMA50 again, long when it clears SMA200)
ADMWhat do you think? I believe this is a solid company. I want to see how low this can go before entry. Definitely has an implication to society.
ADM Rebound OpportunityADM is coming down to the 1st Fib retracement level and it's major trendline from the March 2020 lows. RSI on the Daily is showing bullish divergence and the MACD is starting to curl upwards. This could be a good swing trade. I will buy around 59.72 as the Algos like to take out stop losses just below the trendline. Bearish scenario would be a break below 58.5 and this would take this down to the 2nd FIb retracement level.
Archer Daniels (ADM) consolidation to breakoutADM has been going through strong bull runs, consolidations and then continuation from the consolidation back up.
This looks like another set up for a continuation up. The market has run up, in part perhaps due to the commodity price increases and is now consolidating, perhaps as commodities cool off or maybe just old fashioned profit taking at a new high.
Typically these consolidations should continue up, however with commodities taking a breath there are forces at play beyond the stock itself so I'd wait for a breakout rather than jump in during the consolidation in case the move breaks down.
Then consider the exit of the flag and distance to the ATH (orange line) and potential resistance in between when choosing an entry.
ADM is extremely OverboughtADM is extremely Overbought on all major time frames
And has reached an all-time high.
ADMI like this company. They seem to have their hand in a little bit of everything.
1. We transform natural products into a complete portfolio of ingredients and flavors for foods and beverages, supplements, nutrition for pets and livestock and more. And with an array of unparalleled capabilities across every part of the global food chain, we give our customers an edge in solving global challenges of today and tomorrow.
2. We don’t own farms, but we work with growers, supporting them with personalized services and innovative technologies; partnering with them to develop and enhance sustainable practices; and transforming their bounty into products for consumers around the globe.
3. We do the same with animal nutrition products. Today, more people want to feed their pets the same kind of clean, healthy products they eat themselves and consumers expect livestock and poultry to be fed and raised humanely and sustainably.
4. has declared a cash dividend of 37.0 cents per share on the company’s common stock, an approximately 2.78% increase from last quarter’s dividend of 36.0 cents per share. The dividend is payable on March 2, 2021, to shareholders of record on Feb. 9, 2021. This is ADM’s 357th consecutive quarterly payment, a record of 89 years of uninterrupted dividends. As of Dec. 31, 2020, there were 556,104,261 shares of ADM common stock outstanding.
5. Before joining ADM, CEO Luciano had a successful 25-year tenure at The Dow Chemical Company, where he last served as executive vice president and president of the Performance division.
6. CFO Young joined ADM in 2010 following a 24-year tenure with General Motors Co., during which he held executive leadership positions in finance, general management, planning and operations on four continents. Young served in Shanghai as vice president of GM International Operations, and in 2008 and 2009, he was CFO of General Motors. Between 2004 and 2007, he was the president and managing director of GM do Brasil and Mercosur Operations, based in São Paulo. Young graduated in 1984 from The Ivey School of Business, Western University, in London, Canada, with a bachelor’s degree in business administration. He holds an MBA from the University of Chicago.
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ADM BreakoutADM has broken out of a multi-year resistance level, we could see much higher prices. I will also add that the valuation ratios are looking good.
ADM break out this weekThis chart looks ready to move. Give it a day or two consolidation looks really great. Follow me for more breakouts. investoratlas.org for our newsletter.
ADM - Elliottwave analysis 5th wave up after triangle break outADM - It is in strong up trend and impulse cycle from the major low on 4 hr time frame. The price just broken up the triangle 4th wave and moving higher in 5th wave up. So stay bullish with invalidation level below 49.30 for the target above 55.80. The trade is having high RR ratio with good entry. If price drops below 49.30 then it will extend the y of 4th wave down in wxy correction down and might go down below 45.50 or lower level.
Give thumbs up if you really like the trade idea.
ADM Bullish SwingADM shows promising upward movement, with a bounce off support - and MacD soon to cross.
ADM is a consistently profitable food processing company, and part of the S&P 500.
ADMTook the breakout this morning and paying for it by going outside my process. Stopping out this loser.
ADM : Is ADM gaining the power to move up again ?Is ADM gaining the power to move up again ?
TP = 46.53
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ADM - Tested top twice, a possibility of a breakthroughADM has tested the 44.99 mark two times and fell back. It is trading in a triangle formation. This is a set up I love for long options trades.
The price is supported by the following:
1) The moving average
2) RSI is in the 60% area. I am okay with it as long as it stays over 50%. I would start to worry if I was in the trade and it drops.
3) The MACD shows stability. Still some buying power.
It had just now tested the top a 2nd time (to form a double top) I would personally wait to see if it goes back to the support at the bottom of the channel and then reverses for better confirmation and a more favourable options contract.
ARCHER-DANIELS-MIDLAND CO PlanHey my frends, ARCHER-DANIELS-MIDLAND CO is in a bullish configuration, large bullish force less purchase volume. We go in the direction of the last previous higher with the volume, great potential to get the 2nd higher at the limit of the fibonacci, if the buyers push their price with the force in presence.
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